The Cheapest Place to Live in the U.S.

The United States of America is large in size and rich in diversity, so finding the cheapest place to live in the US may be easier said than done.

Perhaps you are a person who has always dreamed of living in the beautiful country side far away from loud and teeming cities: think Montana.

Maybe your dream is to buy a large, beautiful house on the cheap: think Detroit. A recent count of houses for sale found quality properties as low as $37,000.

How do you find that locality in which you wish to reside? The Internet is your best friend when determining what is important to you. There is most likely an answer online to speak to nearly every question.

Quality of life issues, such as unemployment, violent crime, median income and even more fundamentally important data are reported online. The price of a pint glass of beer: Texarkana, Arkansas, for example, charges $1.50. Allentown, Pennsylvania beats it at $1.25.

How do you make a living in your rural dream locality? Health professionals, for example, have an easy time relocating; other folks may have to use some imaginative and daring planning to find their niche.

Here again, the Internet is invaluable. Online work such as editing or blogging requires excellent grammar and imagination. Retail over the Internet can be highly successful should you recognize trends and present the right product.

If you have a green thumb, you could join a growing trend and raise organic herbs, micro sprouts, mushrooms and specialty greens for restaurants and the public.

The best places to live are a highly subjective matter depending on each person. It can be a scary proposition, leaving a familiar place you’ve grown weary of, and stepping into the vast unknown. It takes imagination and nerve, but should you succeed, you will have accomplished something wonderful and courageous indeed.

The Reverse Mortgage Disadvantages Are Whoppers

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There are many retirees out there who are in a world of hurt.  The economy has all but killed the American dream of retirement.  Trying to work until they are forced out, many seniors find that they just cannot survive on the pittance of a pension that they receive and social security is little more than a stipend.  For this reason, many of them are telling their heirs that there is no such thing as Santa Clause.  It is starve or sell the home.  There is another option, however, that many are considering, the reverse mortgage.

Standing Toe To Toe

The reverse mortgages pros and cons, when stood toe to toe, look at first to be quite lopsided.  It really appears that the pros far outweigh the reverse mortgage disadvantages… at first glance, that is.  When you really get a good look at the reverse mortgage disadvantages, however, you begin to realize that the pros are fluffed up to look bigger by agents and companies that want the business.

A Bunch of Whoppers

The reverse mortgages disadvantages are whoppers, even if there are only a few of them.  You have to have reached the age of 62 to receive the loan.  The interest is really big and there are huge up front fees involved.  The reverse mortgages pros and cons have to be scrutinized with a magnifying glass to see the details, but they are right there in black and white.  On the pros side of the coin, however, you do no have to repay the loan as long as you live in the house that you cherish so much.

Better Than the Alternative

The worst of the reverse mortgage disadvantages is that your children will never get to live in the home or benefit from its equity.  This is really sad if any of the children wanted to move into the place once you were gone.  The reverse mortgages pros and cons are hard to digest, but it is better than the hardships that are its alternative.